Kenya's President Uhuru Kenyatta and his Congolese counterpart Felix Tshisekedi witnessed the signing of a partnership agreement between Kenya Airways and Congo Airways.
The Powership will soon shift from the use of heavy fuel oil to gas. This fuel switch-over will generate material reduction in Senegal’s fuel bill with positive spill-over effect on electricity costs in line with the Plan Sénégal Emergent.
The African Union (AU) has set out plans to construct industrial parks that will improve the manufacturing of agricultural products as well as the supply chain.
Kenya’s President Uhuru Kenyatta unveiled the new brand of EquityBCDC, a subsidiary of Kenya’s Equity Group Holdings in the Democratic Republic of Congo, located on the 18th floor of Equity Centre building in Kinshasa.
African trade finance sees $5b in portfolio outflows in Q1 2020 due to Covid-19 but opportunities exist, report
Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide survey on trade finance has shown.
Audiomack partners with MTN Nigeria to offer music streaming service to subscribers at zero data cost
Audiomack has partnered with MTN Nigeria to unveil the Audiomack+MTN Data Bundle program , which offers MTN subscribers tailored data bundles for streaming unlimited music and accessing content on Audiomack free of data charges.
Global ecommerce platform Wish has announced a strategic partnership with South Africa Post Office (SAPO) to strengthen its logistics capabilities and customer experience for South African consumers.
Tap to Phone aims to make traditional expensive location centric devices like physical POS devices and terminals, obsolete.
In South Africa and Nigeria, FIS is offering domestic payment processing services through its previously announced agreement with payments technology company Flutterwave.
Airtel Africa, a provider of telecommunications and mobile money services has announced the successful signing of a new $500 million loan facility with a group of relationship banks.
EyeLock's recently introduced, Portable Template solution was selected due to its ability to provide a highly secure and accurate iris biometric solution and protect the user's personally identifiable information.
The new network, which will be designed, installed, and maintained by Aviat, will include Aviat WTM 4000 and WTM 4800 Multi-band point-to-point radios and CTR microwave switches, and disaggregated cell site gateways.
Domino's Pizza Inc. one of the largest pizza companies in the world based on global retail sales, is continuing its global growth momentum, as the first Domino's store in Ghana is now open.
Global financial conditions, COVID-19 have undermined capacity of banks to finance African trade, report
The report is the first of its kind, surveying 185 banks from across Africa, representing more than 58% of total assets held by African banks.
The International Air Transport Association (IATA) has announced an agreement with Eurofins to incorporate its worldwide COVID-19 testing network into IATA Travel Pass.
The programme aims to grow the technical skills of the graduates, training them on the Ericsson technology, solutions and, delivery and providing them with an understanding of Ericsson’s processes, methods and tools.
Amundi, European asset manager, and IFC, a member of the World Bank Group, have published the third edition of their Emerging Market (EM) Green Bond Report 2020.
The Coca-Cola Company and Coca-Cola Beverages Africa (CCBA) have announced plans to list CCBA as a publicly traded company.
The FED program will support the growth of foundational, small and medium-sized food processing enterprises in Zambia.
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City
Digital payments stimulate domestic production and consumption. If 50% of temporary workers in Senegal received payments digitally, 45 billion CFA francs would be added to GDP per year.
The Economic Commission for Africa (ECA) is working with African countries to increase investment in infrastructure and agriculture on the continent.
Egypt and South Sudan signed have signed a memorandum of understanding to build an integrated farming of crop, livestock and fish.
So far, Ethiopian Cargo and Logistics Services has transported over 20 Million vaccines to more than 20 countries.
The Centre is equipped with high-tech teaching equipment with a capacity to accommodate 1,000 learners who will study in the fields of mechanical engineering and maintenance of agricultural construction machinery.
As countries seek to relax border restrictions, quarantines and lock-downs, they need a more reliable, trustworthy and efficient way to validate the health status of incoming travelers.
Sonatrach and Shell International Trading and Shipping Company Limited have signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.
The partnership, the first of its kind in Africa, will enable merchants to accurately identify legitimate buyers from fraudsters, resulting in increased transaction approvals and reduced friction in the purchasing experience.
SDG Investor Maps is a unique tool that allows investors identify the impact/sustainability areas that, combined with high return, can be game changers in their portfolio.
This will enable service providers to gain the ability in their environments to govern, manage and orchestrate hybrid networks holistically and in real time and as a result, offer an enhanced consume experience.
The simulator allows pilots to train in complete safety for a variety of complex situations (adverse weather conditions, helicopter failures and emergencies), that could occur in the during actual flight operations.
The financing and technical cooperation agreement is the outcome of the Inter-Governmental Negotiations that were concluded last Year between our two respective Governments.
Marine engineering consultancy LOC, part of AqualisBraemar LOC Group, has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets.
The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business have announced collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya.
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.
IFAD, Islamic Development Bank invest $500 million to address impacts of climate change among rural communities
Using their own resources, IFAD and IsDB will jointly finance priority projects in some of their 57 common member countries over the next five years with a cofinancing target of $500 million.
Agility, the global logistics and warehouse provider, opened a new Agility Logistics Park in Maputo, adding to its growing network of international-standard warehouse parks serving key African markets.
Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has announced that it will be waiving all fees for new businesses wishing to benefit from its services in Egypt.
The commercialization of alternative transnational telecommunications infrastructures is now a reality in West Africa following a public-private partnership.
Unitel S.A. (Angola) and Ericsson have signed a three-year frame agreement for the supply of Ericsson Radio System solutions as well as core solutions and related services.
In this context, the prevailing diplomatic tiff between Kenya and UK over travel bans occasioned by concerns over new COVID-19 variants shouldn’t be allowed to escalate any further.
The agreement aims to empower the educational sector and prepare it for the post-Covid era, especially after the increased confidence in distance learning and the need for an integrated and safe platform for smart education.
Through this framework agreement, ITFC will also be extending its support to SMEs and private sector through financing facilities to local banks and financial institutions.
The solution includes several brand-new modules: Staff Control, Screen Photo Detector, Incident Workflow Automation, and risk-based User Behavior Analytics
In a boost to business confidence, South Africa has won an award as the top global location for business process services, in a sector that is rapidly expanding locally and exporting call-centre and related services to other parts of the world.
Will people return to the office when it’s safe to do so? Since the start of the pandemic last year, organisations and employees across the world have embraced remote work like never before.
why Swahili Connection has launched its translation and localization services to international companies, including producing marketing materials and writing content in Swahili.
Combined, the seven countries are an economic bloc of $1.2 trillion in GDP. The population base of the seven nations is close to 480 million, 80% of whom are under 35 years of age.
In the regional manager role, Boudeau-Raimbault will work with the support of a dedicated steering group and Brokerslink partners and affiliates in 35 African countries.
USAID launches agriculture consortium to combat threat of infectious diseases to human and animal health
The five-year, $33 million consortium will harness innovation to sustainably improve animal health, strengthen animal agriculture production systems in Asia and Africa and enhance global health security.
Skyworld Aviation has announced the sale of an ERJ 145 LR aircraft, serial number 14500842 to a new private operator of the type – XE Jet.
The offer will be made by way of a scheme of arrangement to be proposed by Adapt IT to their shareholders.
The agreement aims to expand the company's business in Egypt, contributing to the creation of 4,800 new jobs of highly qualified specialists to provide outsourcing services to the company's customers worldwide.
The aim of the agreement is to ensure the plants’ continued high levels of availability, reliability and efficiency, while providing important cost predictability for future budgeting purposes.
This equipment delivery was followed by an interactive digital hygiene awareness workshop in Burkina Faso. These activities aim to contribute to the strengthening of cybersecurity and the fight against cybercrime in West Africa.
The labels will enable companies engage in regional seed trade for large seed consignments crossing the borders and in-country seed trade in smaller packages.
To ensure that the banking industry was able to provide its services and meet customer needs, Nedbank had to find a way for employees to work safely and productively from home.
For years there have been numerous attempts to bring the continent together to create a continent-wide common market — a free trade area where all can benefit, but the attempts have yet to gain serious traction.
Willis Towers Watson, a global advisory, broking, and solutions company, has named Nana Gaisie as the new Head of Willis Towers Watson Ghana.
The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname.
Bell Textron Inc., a Textron Inc. company, has announced the delivery of a Bell 505 helicopter equipped with the Med-Pac Inc. LLC Emergency Medical Services Lite Interior to BAR Aviation.
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
The partnership will allow LuLushoppers to benefit from valU’s affordable and convenient financing plans, powered by PayTabs Egypt’s payment gateway.
CPaT Global has announced they have been awarded a new contract by Air Tanzania for the provision of distance learning solutions, including Aircraft Systems courses, Interactive Diagrams, Aircraft Procedures.
AgDevCo has announced a $3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
Jio Haptik partners with iSON Xperiences to enable AI-powered customer service for enterprises in Africa
The partnership forges the power of Conversational AI and Contact Centre Automation to personalize customer experiences, improve agent performance, and lower cost overheads for businesses.
The report notes that the ability of African cities to emerge resilient from the pandemic will depend on their ability to innovate, providing long term social solutions to their residents, attracting funding and generating new demand for space.
Ifria and InspiraFarms are partnering following a mutual concern. Over 40% of food produce in Africa spoils before it reaches a consumer, approaching 60% for fresh produce in Sub Saharan Africa and North Africa.
They discussed areas for cooperation, establishing partnerships between the two countries in digital technologies, and growing the IT market in Egypt and Denmark.
BringCom Incorporated, a provider of connectivity solutions in Africa, has announced the appointment of Allen Chimhende, as the Managing Director of Datanet.
Nokia has announced that it has concluded a multi-year, multi-technology patent cross-license agreement with Lenovo. Under the agreement, Lenovo will make a net balancing payment to Nokia.
According to the company, Travelport+ is the centerpiece of Travelport’s new global strategy and is designed to accelerate industry innovation in multi-source content distribution, travel retailing and value generation.
The establishment of an effective Common External Tariff in the East Africa region will lead to the exponential growth of the manufacturing sector.
Over 1,000 young entrepreneurs in Rwanda are set to benefit from employment-readiness skills and accelerator programmes offered in the new incubation hubs “HANGA Hubs”.
The telecommunication and posts regulatory authority (ARPT) of the Republic of Guinea and tech company Global Voice Group (GVG) have announced the establishment of a new partnership between the two organizations.
Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa.
The Arab Africa Trade Bridges Program extends support for OCP Africa’s Agribooster Program in Côte d’Ivoire
The program will benefit 20,000 farmers. It serves as an end-to-end value chain solution that brings together all the conditions necessary for improving rice productivity and small farmers revenues.
BBC World Service s'associe à AfricaWeb pour offrir du contenu digital aux publics du Ghana et du Cameroun
Ce partenariat permettra d'offrir pour la première fois le podcast The Comb, un produit d'information et d'actualité unique et fascinant destiné aux jeunes publics du continent.
The expansion, which will include the availability of backhoe loaders, excavators, wheel loaders, motor graders, and crawler dozers, will be sold and supported by independent, newly appointed John Deere dealers, to be announced.
Riverbed® has announced that Elaraby Group, an Egyptian manufacturer and retailer of home electronics, has maximized the value of its Microsoft Office 365 investment by deploying Riverbed® SaaS Accelerator.
The Board of the Fund for Export-Development in Africa (FEDA), an equity, development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has appointed Emmanuel Assiak as Acting CEO, effective March 11, 2021.
The trade deal allows tariff-free market access for Kenyan top agricultural exports to UK including vegetables, fruits, flowers, coffee and tea.
United Capital Bank, UCB, is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about $500 million dollars following the recent decision on the exchange rate.
The economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic.
The African Continental Free Trade Area (AfCFTA) Secretariat and the UN Development Programme (UNDP) signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis.
The project will improve supply and enhance reliability of power across Sudan. Today, only around 60 percent of the population in Sudan has access to electricity.
Zimbabwe agritech startup Farmhut has received $US100 000 investment from the Hult Prize Foundation. This follows through the Hult Prize accelerator program of the 2020 cohort.
Cordaid Investment Management (CIM) and Triodos-Hivos Fund, two Netherlands-based impact investment funds, have co-financed Capitol Foods’ expansion of its local fruit processing capacity to meet the growing demand for its Sierra Juice beverage products.
Developed by Orange, the program aims to offer African culture, in all its forms, an opportunity to shine and to strengthen the local presence of the Orange brand in Africa.
The Republic of Kenya has joined The Canada-Africa Chamber of Business as a full member of the 27-year-old organization, committed to accelerating Canada-Africa trade and investment.
Under this agreement, Meridiam will invest $48 million to support the continued deployment of data centres in Africa, where both Raxio and Meridiam already have strong local presence.
Box, Inc., the Content Cloud, has announced that Sebastien Marotte will be joining the Box Executive team as President of Box Europe, the Middle East and Africa (EMEA), effective June 7, 2021.
The Ford Foundation has announced its commitment of $15 million in seed funding to help launch the Black Feminist Fund, a new philanthropic fund developed and led by a core group of Black feminists who sit at the nexus of feminist organizing, advocacy, and philanthropy globally.
Ekuity Capital, Tuniso-Kuwaiti and Pfizer certified among the best places to work in Tunisia for 2021
6 companies made the list this year in Tunisia as the best places to work.
Worldwide sales of smartphones to end users will total 1.5 billion units in 2021, a 11.4% growth year over year, according to Gartner, Inc.
GA Telesis, LLC (“GAT”) has announced the delivery of its first 737-800SF (MSN 32903) passenger-to-freighter (“P2F”) conversion to Ethiopian Airlines.
Systems integrator Dimension Data Middle East and Africa (MEA) has appointed Nompumelelo Mokou as the Managing Director for its Southern Africa business, effective 1 April 2021.
World Services Group (WSG) has announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
Morocco’s intensified efforts towards African solidarity and south-south cooperation continue to show results, with the creation of the Nigeria-Morocco Business Council being the latest of encouraging developments.
The success of the African Continental Free Trade Area (AfCFTA) hinges on the ability of African firms to understand and capitalize on the trade related opportunities offered by the AfCFTA